ACTIVE

Badger & Hawthorn

Financial year 2025 · Closed on 31/12/2025

Net result174,9 k €+1 555,8 %over 1 year
Gross margin216,6 k €+4 864,4 %over 1 year
Equity198,6 k €+522,0 %over 1 year

Identity

Source · BCE/KBO

Badger & Hawthorn is a Private company with limited liability incorporated in 2010. Its main activity is: Management consultancy activities. Its registered office is in Ottignies-Louvain-la-Neuve.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0832.244.558
Incorporation
15/12/2010
Legal form
Private company with limited liability
Registered office
Rue du Puisatier 4
1341 Ottignies-Louvain-la-Neuve · WallonieSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 15 filings

Trend over 15 financial years

20252024202320222021
Income statement
Gross margin216,6 k €4,4 k €-18,4 k €-18,7 k €-35,4 k €
EBITDA213,5 k €1,4 k €-19,9 k €-21,3 k €-36,6 k €
Operating result202,8 k €-9,7 k €-30,2 k €-31 k €-45,8 k €
Net result174,9 k €-12 k €-33,3 k €-35,7 k €-50,6 k €
Balance sheet
Equity198,6 k €31,9 k €43,9 k €77,3 k €113 k €
Total assets344,9 k €207,6 k €209,1 k €219,7 k €334,9 k €
Cash147,2 k €3,3 k €3,9 k €7,6 k €135,5 k €
Debts146,2 k €175,6 k €165,2 k €142,4 k €222 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Frédéric de Bueger

Manager

Active

Ended mandates

Frédéric de Bueger

Director

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/08/202628/08/202529/08/202430/09/202331/08/202225/08/2021
General meeting25/08/202627/08/202507/05/202402/05/202303/05/202204/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202525/08/202626/08/2026FrenchPDF
Micro model31/12/202427/08/202528/08/2025FrenchPDF
Micro model31/12/202307/05/202429/08/2024FrenchPDF
Micro model31/12/202202/05/202330/09/2023FrenchPDF
Micro model31/12/202103/05/202231/08/2022FrenchPDF
Micro model31/12/202004/05/202125/08/2021FrenchPDF
Micro model31/12/201905/05/202012/10/2020FrenchPDF
Micro model31/12/201807/05/201925/07/2019FrenchPDF
Micro model31/12/201702/05/201813/07/2018FrenchPDF
Micro model31/12/201602/05/201714/07/2017FrenchPDF
Abridged model31/12/201503/05/201601/08/2016FrenchPDF
Abridged model31/12/201405/05/201504/08/2015FrenchPDF
Abridged model31/12/201306/05/201402/07/2014FrenchPDF
Abridged model31/12/201207/05/201327/08/2013FrenchPDF
Abridged model31/12/201102/05/201212/07/2012FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Frédéric de Bueger

Manager

Active

Ended mandates

Frédéric de Bueger

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office19/09/2018
    SIEGE SOCIAL
    PDF
  • Other06/01/2011
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025174,9 k €↑
  2. 2024
    Annual accounts 2024-12 k €↑
  3. 2023
    Annual accounts 2023-33,3 k €↑
  4. 2022
    Annual accounts 2022-35,7 k €↑
  5. 2021
    Annual accounts 2021-50,6 k €↓
  6. 2020
    Annual accounts 2020125,2 k €↑
  7. 2019
    Annual accounts 2019-27 k €↓
  8. 2018
    Annual accounts 20189 k €↑
  9. 2017
    Annual accounts 2017-398 €↓
  10. 2016
    Annual accounts 201618,1 k €↑
  11. 2015
    Annual accounts 201515,3 k €↓
  12. 2014
    Annual accounts 201418,3 k €↑
  13. 2013
    Annual accounts 20131 k €↓
  14. 2012
    Annual accounts 20127,2 k €↓
  15. 2011
    Annual accounts 201130,6 k €
  16. 15/12/2010
    IncorporationPrivate company with limited liability